Apple is gearing up to expand its retail footprint in India later this year, CEO Tim Cook confirmed during the company’s recent earnings call. The move is aimed at strengthening Apple’s position in one of its fastest-growing markets by offering more physical touchpoints for customers to experience its full product lineup. The Cupertino-based company registered … Read more
Apple CEO Tim Cook reportedly highlighted that the company is planning to “significantly” increase its investments in artificial intelligence (AI) technology. The statements were made on Thursday as part of the CEO’s remarks alongside Apple’s third-quarter earnings report. As per the report, the Cupertino-based tech giant is also open to the merger and acquisition route … Read more
Coinbase (COIN) said it is increasing its bitcoin (BTC) holdings and that it plans to launch tokenized U.S. stocks and prediction markets in the coming months, marking a significant expansion of its business as it seeks to diversify its revenue stream. In a post on X on Thursday, Coinbase CEO Brian Armstrong said, “Coinbase is … Read more
As a part of some its older plans, Verizon has included a monthly subscription to Apple Arcade or Google Play Pass at no charge. This was a part of their 5G Get More and 5G Play More plans that were first introduced in 2021 and then renamed in 2022. With their never-ending quest to try … Read more
The long-awaited White House crypto strategy is out, but the 163-page report isn't likely to tell the crypto industry much that it doesn't already know — including about the federal bitcoin reserves, which remain a black box for a sector keen to learn anything new. The report offers the most comprehensive outline of President Donald … Read more
Digital trading platform eToro (ETOR) shared plans on Tuesday to tokenized U.S-listed equities on the Ethereum blockchain, joining rivals to move towards blockchain-based marketplaces. The ERC-20 tokens will represent the underlying shares held on eToro and can be redeemed back into traditional stock holdings, according to the press release. The company said the aim is … Read more
Bitmain, one of the largest producers of crypto mining hardware, is set to open its first facility in the U.S. over the next few months, Bloomberg reported, citing the company's global business chief, Irene Gao The maker of Antminer rigs, which currently manufacturers across southeast Asia, plans to set up a U.S. base and assembly … Read more
Japanese AI firm Quantum Solutions is set to start investing in bitcoin (BTC) through its Hong Kong-based subsidiary, GPT Pals Studio, the company said in a press release. The decision, approved at a board meeting on July 23, includes plans to initially purchase up to $10 million in BTC using borrowed funds. The firm aims … Read more
Ghana is set to begin licensing cryptocurrency platforms in response to a surge in demand for digital assets in the West African country, Bloomberg reported on Thursday. The country's central bank is finalizing a regulatory approval to submit to parliament by September, according to the report, citing an interview with Bank of Ghana Governor Johnson … Read more
Bitcoin miner MARA Holdings (MARA) said it plans to raise $850 million through a private sale of 0% convertible senior notes due in 2032. The deal, aimed exclusively at qualified institutional buyers, includes an option for initial buyers to purchase an additional $150 million of the notes, potentially bringing the total raise to $1 billion, … Read more